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Could the French fondness for a single job for life be giving away to a new spirit of entrepreneurialism? The number of new private businesses launched in France is soaring. June saw an all-time record, and figures in July were only slightly off that pace. French officials estimate that by the end of 2009 France will be about half a million new firms better off. In 2008 just 328,000 small companies were created, and in 2007 the figure...

Author: /time Magazine | Title: French for Entrepreneur | 9/7/2009 | See Source »

...aged 40 on average. About 33% are salaried employees starting up a sideline business, 25% are unemployed and 6% are retirees. Later this year, the program will take private enterprise to the public sector by opening auto-entrepreneur to civil servants. If it continues at its current pace, the scheme will prove that France not only has a word for entrepreneur, but also a growing army of people who fit that description...

Author: /time Magazine | Title: French for Entrepreneur | 9/7/2009 | See Source »

...people voted for stability and performance and brought the Congress back to power. "What people want more and more are leaders who can deliver," says Ganguli, adding that while a shift from dynastic to merit-based politics would be good for India, "Change must come at a gentle pace...

Author: /time Magazine | Title: In India: Will Merit Triumph Over Dynastic Ties? | 9/5/2009 | See Source »

...history), and introducing entirely new scenes (such as when the Death Eaters attack the Weasleys’ home). But overall, Kloves’ changes contribute to a much more compact film; “Deathly Hallows” is the first in the series to progress at an adequate pace rather than at the speed of a Golden Snitch. Although the Potter films continue to mature in both quality and subject matter, now catering more toward adult audiences, the saga will remain emblematic of an entire generation’s childhood. On July 15th, 2011—the release date...

Author: By Andres A. Arguello, CRIMSON STAFF WRITER | Title: Harry Potter and the Half-Blood Prince | 9/4/2009 | See Source »

...unemployment rate has risen too, nearing 10%. In stark contrast, Goldman Sachs has set aside some $11.36 billion so far in 2009 in total compensation and benefits for its 29,400 employees. That's about on pace with the record payout the firm made in 2007, at the height of the bubble. Thanks to Andrew Cuomo, the New York State attorney general, we know that in 2008, while Goldman earned $2.3 billion for the year, it paid out $4.82 billion in bonuses, giving 953 employees at least $1 million each and 78 executives $5 million or more (although Goldman...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

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